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the_who
Oct 05 2018 at 17:00
256 posts
USD/JPY recovered today and found some fresh buying interest around the 113.60 area. But bulls will need much more power to conquer again the 114.00 hurdle.

Justice1024
Oct 07 2018 at 08:57
210 posts
The US dollar fell against the Japanese yen on Friday. By the close of US trading, USD / JPY is trading at 113.72, losing 0.15%. I believe that support is now at around 113.51, Tuesday’s low, and resistance is likely at 114.56, high on Thursday.

Justice1024
Oct 07 2018 at 22:04
210 posts
The wave is slowing down on USD/JPY.

RedSox
Oct 08 2018 at 13:36
10 posts
Downward correction continues. Just gone through support level at 113.30. Next one is around 112.55 . If price reaches there today I will be entering Long in anticipation of a pull back at least

the_who
Oct 08 2018 at 18:49
256 posts
USD/JPY came under a renewed selling pressure durign the last hours and is marking its lowest level in two weeks. The pair broke the 113.00 and how bears are aiming 122.55.

the_who
Oct 09 2018 at 19:46
256 posts
USD/JPY dipped below 113.00 today, but reversed and started to retrace its losses. Now the pair is again below this level and indicators on the four hour time frame had lost directional strength. The price is developing below its moving averages and first resistance is provided by the flat 100-day SMA at 113.06.

the_who
Oct 10 2018 at 18:29
256 posts
As seen on the four hour time frame, the USD/JPY pair is struggling to preserve its early gains. The price is now looking for direction around the flat 100-day SMA and the bearish 20-day SMA. RSI and stochastic remain within negative territories, but both are directionless. There are no obvious signs for upcoming steeper recovery, as the pair will have to accelerate through 113.60 in order to enter into bullish ground, while a break below 112.75 would enlarge the risk toward the downside.

the_who
Oct 11 2018 at 18:11
256 posts
USD/JPY broke below the 100-day and 200-day SMAs, as seen on the four hour time frame and the last one is providing immediate resistance around 112.30 area, as bulls were unbale unable to advance beyond it. RSI and stochastic have corrected from extremely negative territories, but quickly resumed declines and still are developing in oversold territory, keeping the risk towards the downside.

SarahDW
Oct 11 2018 at 21:38
229 posts
Usd/Jpy is trading in a narrow range just above 112.00 level while the risk remains to the downside. The immediate support handle 111.80/90 seem strong, on the upside, resistance can be found around 112.50/60.

Justice1024
Oct 12 2018 at 17:12
210 posts
The last day of the week the dollar recovered from the recent weakness and tries to hold 112.00 level with usd/jpy.

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